Russia will boost domestic consumption of aluminum by 300,000 tonnes this year.
"We have about one million [tonnes of aluminum consumed in Russia in 2017 - TASS]. 300,000 tonnes will be added this year," Minister of Industry and Trade Denis Manturov said.
The domestic consumption volume can grow to 2.5 mln tonnes in five years, the minister added.
"We proceeded from and prepared the range of products we are manufacturing. Therefore, colleagues - consumers will always have an option: either to buy expensive but imported machines or to buy cheaper Russian ones," the minister said.
Following introduction of steel (25%) and aluminum (10%) duties by the United States in March 2018, Russia introduced additional import duties on US road construction machinery, oil and gas equipment and optic fiber with the rate from 25 to 40%
According to the Russian Customs Service, annual oil supplies from Russia to China has amounted to 52.6 mln tonnes. Rosneft accounts for 75% of oil supplies.
Russia is considering plans of opening a consulate general in northeastern China’s Harbin.
A delegation of students from North America’s leading universities met with students and teachers of the Far Eastern Federal University (FEFU ) as part of the 4th Eastern E...
About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya